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20121129
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CNBC 4
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CNBC
Nov 23, 2012 6:00am EST
. as for commodities, of you have comex metals finishing at 12:30. nymex energy closes at 1:30 p.m. and of course it may be a shortened day for the traders, but it is the most important day of the year for retailers. everything from how many cars are parked at the malls to how many items are sold at stores. it can all tell us a lot about the state of the consumer and the u.s. economy today. so we're turning to one of the most seasoned and respected voices on wall street for help. we have dana telsey. she is our guest host for the next three hours. andrew, i'll send it over to you. >> we begin with a visit to toyland and here is toys r us. it opened its doors at 8:00 last night. and we have toys r us ceo joining us right now from the company's flagship store in times square. good morning. >> good morning. >> so i read a report you you had a big line. what's it been like all evening? >> it's been great. we did have a big line. we're at 44th and broadway.line went all the the way to 45th street and then down 45th all the way to 6th avenue. it was huge. people came in in a real celebratory mood. peop
CNBC
Nov 28, 2012 6:00am EST
. the move comes as canada gets close to its decision on whether to approve the transaction. the energy companies say discussions with the committee are still in progress, and of course they had to file approval because they have extensive operations in the u.s. gulf of mexico. >>> "the wall street journal" reporting that virtue is emerging as the frontrunner to buy knight capital. they would possibly sell off parts of that business. finally, we can't get away from the story of twinkies. the bakers union of hostess brands wants a bankruptcy judge to appoint a chapter 11 trustee to ensure an orderly winddown. the union is saying it objects the allowing incumbent management to supervise the lick wi addition. have you finished your twinkies? >> no, we're back to saving them now. we need to talk, because i read a piece in the journal today, which gave me a new insight into -- >> the jenkins piece? fantastic piece. >> it's not the bakers. it's the teamsters. it's that distribution system which we heard about. one guy can deliver -- i think you have to deliver of wonder bread, each slice indi
CNBC
Nov 26, 2012 6:00am EST
for wind energy. >> can't do that. >> everybody puts their hand up this is mine. >> it's less difficult, and -- >> cap you get to keep what you want. >> it's going to affect the high end, at 50,000 it wouldn't affect -- >> steve, what do you think about the $50,000 cap proposal or another number? >> i think the cap proposal has some merit. in the real world you probably end up exempting charitable. apart from what the head of the red cross is, charities see this as potentially devastating. do you want it to apply to everybody or only with people with income above $250,000. >> if it's 50,000 or 28% cap of adjusted gross you end up exempting people with lower incomes because they don't use that much. >> there are people, there's actually two different things. the $50,000 cap there are not that many people but some people who would use it. >> how can you use more? >> state and local taxes, health care, all this stuff if you put it in there. >> there are some arguments that health care shouldn't be exempted anyway. >> i understand but there's also a view at least amongst some of us that the
CNBC
Nov 21, 2012 6:00am EST
, number three is energy costs, number four is uncertainty about government policy. number five is the cost of useless regulations and red tape. six, seven, and eight are frequent changes in the tax code. tax code complexity, and taxes take away the money, my earnings that i use to grow my business. they're the issues that we're concerned about. >> bill, you said taxes are six, seven, and eight, so they're not in the one, two, or three category. which i might imagine given that's a huge issue going into 2013. >> well, it certainly is. and when we took the survey earlier this year, of course, maybe the fiscal cliff issue wasn't quite as big a point. right now -- yeah, this is a survey, the big one was 75 items, we only do once every five years and, of course, health care costs which is you could look at as a tax, if you will, is at the top of the list for the last 25 years, you have to go back to the early '80s to get interest costs up there. remember the 21% prime and the difficulty in getting credit back in those days. >> when's your next comprehensive survey, bill. >> well, the november s
Search Results 0 to 3 of about 4